Home GRASP GRASP/Korea S Korean firms caught importing coal, iron from North

S Korean firms caught importing coal, iron from North

233
0
SHARE

Three South Korean firms were caught importing coal and iron from the North last year, Seoul said Friday, in an apparent violation of U. N. sanctions imposed in August 2017 on the nuclear-armed state. More than 35,000 tonnes of North Korean coal and iron worth 6.6 billion
Three South Korean firms were caught importing coal and iron from the North last year, Seoul said Friday, in an apparent violation of U. N. sanctions imposed in August 2017 on the nuclear-armed state.
More than 35,000 tonnes of North Korean coal and iron worth 6.6 billion won ($5.8 million) were imported into the South between April and October last year, the Korea Customs Service said.
In addition to breaking South Korean law, some of the shipments were likely to be in breach of U. N. resolutions as well, with the customs service warning that “any ships that are believed to have violated U. N. sanctions will be impounded or banned from entering South Korean ports”.
In a complex process spanning three countries, coal shipments were first sent to Russia, where their details were disguised using forged “country of origin” documents, and then reloaded on ships bound for the South, the customs office said in a statement that followed a 10-month investigation by the authorities.
In another case, black coal imported from North Korea was transferred to the Russian port of Kholmsk, where it was “disguised as semi-coking coal that does not need country of origin documents”, before being reloaded on ships heading to the South, the customs office said.

Continue reading...